Unfortunately, it was not just Payoneer's users that were negatively impacted by FCA suspending the license of Wirecard Solutions in the UK. The users of Curve and various other fintech companies experienced the same.
It comes at no surprise that Wirecard's competitors are already ''hunting'' for Wirecard's and Payoneer's clients.
Transformify, a customer of Payoneer, has been pitched 3 times per day on average last week by a variety of payment providers.
Not all businesses are prepared to manage employees remotely. Unless it is an all-remote company, it's unlikely for the business to be prepared for the shift. The processes, internal controls, remote system accesses need to be adapted. Data exchange via insecure home wi-fi networks is also an issue.
Another problem is low productivity as in-office employees are disturbed at home and can't organize their time.
Transformify is an all-remote company and every now and then we have issues with new employees who are treating remote work as vacations.
It comes at no surprise that Wirecard's competitors are already ''hunting'' for Wirecard's and Payoneer's clients.
Transformify, a customer of Payoneer, has been pitched 3 times per day on average last week by a variety of payment providers.
So, which competitors may attract Wirecard's clients? https://www.transformify.org/blog/blogger-s-island/competito...